Jeffrey St. Martin Pleads Guilty to 21 Felony Mortgage Fraud Related Offenses Involving 21 Houses and 3.1 Million Dollars in Fraudulent Loans

CLEVELAND, OH – October 25, 2010 – (RealEstateRama) — County Prosecutor Bill Mason and the Cuyahoga County Mortgage Fraud Task Force operating under authorization of Ohio Attorney General Richard Cordray and Ohio’s Organized Crime Investigations Commission announced that Jeffrey St. Martin, 38, of Chicago, IL plead guilty to 21 felony mortgage fraud-related offenses on October 20, 2010, for his participation in the purchasing of 21 houses with 3.1 million dollars in fraudulent loans. St. Martin’s wife, Ayanna Israel, 34, of Chicago, IL, Israel’s mother, Sandra McRae, 57, of Chicago, IL, and Deborah Nunoo, 49, of Cleveland, also pleaded guilty for their participation as co-defendants in this criminal enterprise. The Housing of Urban Development and investigators of the County Prosecutor’s Office were the primary investigative agencies on the case.